Do You Think You Can Start a Business in Dubai Without Living There?

Thinking about a business setup in Dubai? But you have lots of questions in your mind. Well, we are here to answer all your queries. Make My Firm is a leading business setup company in Dubai. We have assisted many startups, businesses, and entrepreneurs with our expert business setup consultant in Dubai. We are in the company formation services in Dubai with 17+ years of experience. We assist you with end-to-end business setup services in Dubai.

As you start your company formation in Dubai, you may have various questions as well as excitement about your business setup in Dubai. At the early stage, a new business idea always comes with enthusiasm; however, we have seen that as time goes on, the excitement turns into stress. You have to find an office space, manage all the PRO services, and do lots of other things. That is why we suggest you talk to leading business setup companies in Dubai; they will assist you in the right way and ensure that your business setup process in Dubai goes on the right path.

Now, one of the biggest questions we have faced in our journey is people asking us: can they start a company formation in Dubai even if they don’t live there? Well, this blog post will answer your question and assist you in the right way.

Can you start a business in Dubai without living here?

The answer to your question is YES. You can start your company formation in Dubai without living here permanently. Shocked, right? But it is possible and if you are thinking about it, then let’s connect and start the process ASAP by connecting with one of the leading business setup companies in Dubai, such as Make My Firm.

Let’s dig deeper, understand and answer your question with in-depth details.

Where can you start your business setup in Dubai if you are not living here?

If you are considering a business setup in Dubai as a non-resident, you have two options: a Mainland Business Setup in Dubai and a Free Zone business setup. These two options can give wings to your business setup idea. Well, first things first, you have to appoint a business setup consultant in Dubai who oversees the process on your behalf. There are different benefits for your mainland business setup in Dubai, as well as a free zone business setup. Make My Firm assists you with both options at every threshold.

Different benefits of mainland business setup and free zone business setup in Dubai.

As a non-resident, a business setup in Dubai offers you two options. Now, let’s read the benefits of two different structures.

Mainland business setup in Dubai

Here we are listing a few benefits of a mainland business setup in Dubai.

• 100% foreign ownership
• Direct access to the UAE market
• Broader market connectivity option
• Access to government contracts
• Enhanced credibility
• Property ownership
• Simplified banking
• Visa and expansion

Free Zone Business Setup in Dubai

Let’s read some of the benefits of free zone business setup in Dubai

• 24/7 operations
• Global connectivity
• UAE residency visa
• No import duties
• Fast and flexible setup
• Tax exemptions
• 100% foreign ownership

Remote Setup For Your Company Formation in Dubai

Remote setups are trending in recent times and you will be shocked when you find out that you can start your company formation in Dubai without actually living here. We all want to start a business setup in Dubai, but at times, we don’t feel like actually moving here. That is where a remote setup process proves beneficial.

The sole aim behind the remote setup is that you can live in a place where you want and at the same time own a company that has a global market excess. In this way, a remote setup offers you a win-win situation.

A thorough process of remote business setup in Dubai.

As you know that you can own a business in Dubai without living there, now you might be wondering about the process of a business setup in Dubai. Worry not, we are sharing the process of remote setup with you as well as some important things you have to look for.

1. Select Your Business Activity: As you have a thought of business setup in Dubai, first you have to select a business activity. There are various business activities listed on government sites. As you are thinking about a mainland business setup, you have to connect with the Department of Economy and Tourism. However, if you are thinking about a free zone business setup, then you have to connect with the individual government entity that oversees the remote business setup process.

2. Choose a Legal Structure and a Location for Business: There are different legal structures based on the location you choose. As per the location you select, the legal structure option varies.

– For a Mainland Business Setup in Dubai

• Limited Liability Company
• Professional Service Company
• Sole Establishment
• Civil Company
• General Partnership
• Limited Partnership
• Branch of a Foreign Company

– For a Free Zone Business Setup in Dubai

• Free Zone Establishment
• Free Zone Company
• Branch of a Foreign Company

3. Reserve Trade Name: The most important step for your remote business setup is that you have to reserve a trade name. While opting for your business name, you have to be careful of certain rules laid out by the respective governments. Read those rules on their website and reserve your trade name accordingly.

4. Prepare Documents: As you reach this stage of your remote business setup, you have to submit all the documents, such as passport copies, shareholders’ details, proof of address, MoA, etc. You can find the list of documents required for your remote business setup at the respective websites of the related governments.

5. Apply Remotely: Now, you have to submit all the required documents to the online portal. For a mainland business setup, you have to submit the forms on the website of the Department of Economy and Tourism. And if you opt for a free zone business setup in Dubai, then you have to submit the documents on the online portal of the respective government.

6. Secure an Office Space: At this step, mainland and free zone business setups offer different options.

• A remote mainland business setup in Dubai requires a physical office space and a lease agreement. However, you can hire a business setup company in Dubai, and their agent can manage these things for you.
• A remote free zone business setup gives you the option to have a virtual office space. There is no requirement for a lease agreement.

Based on your business setup zone, you have to fulfill the requirements accordingly.

7. Get a License: To ensure seamless business operations in Dubai, you have to get a business license. As you decide your business activity accordingly you have to decide from the different types of business licenses. For the business license process, there are some important documents required. Get the list of documents and submit them to the respective authorities.

8. Open a Bank Account: As you reach the stage of opening a bank account, there are various rules that differ from bank to bank. Some banks offer remote account opening, while others require at least one shareholder to visit for identification. Select as per your requirement and then open your bank account. As the Dubai government doesn’t allow your business transactions to take place from your personal accounts.

9. Visa Options: As per your business setup preferences, you get visa options. We suggest you hire an expert business setup consultant who can guide you with your visa and other important company formation services in Dubai.

Once you decide on the place for your company formation in Dubai, the business setup process becomes easier. You can also hire a business setup company in Dubai and their business setup consultants will guide you thoroughly.

Things you should be aware of as a non-resident setting up a business in Dubai.

We have shared with you the process for a non-resident who wants to set up their business in Dubai. It is one of the simplest processes if you hire a leading business setup company in Dubai. Well, here are some things you must take care of while thinking about a company formation in Dubai.

• Opening a bank account is necessary, and as we mentioned, every bank has different rules; it is better to check before selecting your bank for your remote business setup account.
• In Dubai, there are different emirates as well as different rules that you have to follow when you start your company formation in Dubai, UAE. That is why we suggest knowing all the rules before you start any further process.

These are the things you must take care of while thinking about a company formation in Dubai.

Why should you hire Make My Firm for your business setup in Dubai?

Make My Firm is a leading business setup company in Dubai. We have 17+ years of experience in serving startups, businesses, and entrepreneurs with our business setup services. You can share your business idea with us and we will assist you with thorough guidance and be your guiding light. We offer PRO services that assist you with government processes as well as offer financial services such as taxation services, accounting, auditing, and much more. You can name it, and we will assist you with that. Our team of expert business setup consultants can guide you with your requirements. Make your business setup process in Dubai a seamless task while you are still sitting in your own country.

Conclusion

We know business dreams are exciting and that is why we are here to guide you in the right way when you are sitting in your own country. Company setup in Dubai can be an exciting process when you have a business setup consultant by your side. You can call us at +971 52 673 9777 and our team of business setup consultants will guide you in the right way.